On the discovery of the “Amber hunter” for the discovery of the Jurassic Park-style of the Dinosaurs, through the rocks of precious resin in Myanmar – an attractive business that attracts the paleontologists but in the far north the struggle for decades also fueled. Kachin revolves around the merchants using the Amber Market torch and […]

Telecoms tower firm Edotco signed with Qatari operator Ooredoo yesterday to take over energy assets and management of 1,250 tower sites across Myanmar in order to improve operational and energy efficiencies. Edotco Myanmar, which belongs to the Malaysian telecoms giant Axiata Group subsidiary Edotco group, will now be able to provide and manage energy for […]

Myanmar has invited open tender for sale of teak and hardwood logs and sawn timber in Yangon, setting the date of the sale for Friday and next Monday, according to an announcement of the Myanmar Timber Enterprise (MTE). The forest products to be tendered include more than 1,240 tonnes of teak logs, 410 tonnes of […]

Myanma Timber Enterprise (MTE) will sell more than 5,700 tonnes of logs and sawn timber through an open tender system. “At present more than 300,000 tonnes of timber have been sold out to Myanmar businessmen. According to the open tender system, the person who offers the highest price can buy the timber. Some businessmen saw […]

The government has limited timber production to 1.16 million tonnes per year, state-run Myanmar Timber Enterprise (MTE) announced. According to MTE statistics, fiscal year 2013-14 saw 925,050 tonnes of timber produced, and this fiscal year’s production saw 730,000 tonnes extracted in the first nine months. Beginning this fiscal year, the government forbade the export of […]

Myanmar teak, hard wood export in FY 2013-14 breaks record YANGON, Oct. 6 (Xinhua) — Myanmar exported over 1.5 million tons of teak and hard wood in fiscal year 2013-14, breaking the record of 1.1 million tons of teak and hard wood export in fiscal year 2007-08 which was the highest export value in the […]

Burmese Vice- President Nyan Htun has raised concerns about energy consumption in Myanmar. At the National Energy Management Committee meeting in Naypyidaw on Tuesday, he pointed out that Myanmar still derives 76 percent of its energy from non-renewable resources such as wood and charcoal. The vice-president added that Myanmar’s energy consumption is much less when […]

The growth of Myanmar’s timber-processing industry will rely more on timbers imported from abroad than those produced domestically, industry insiders say. Despite heaving logging inside Myanmar, raw timber from outside of the country will ensure more profit for the timber-processing plants, which have increasingly received foreign investment, said U Bar Bar Cho from the Myanmar […]

Thoundsands of tonnes of timber will become available in Yangon and Mandalay Region as the government announced a large tender to process and export the already felled logs. The tender comes as Myanmar instituted rules on April 1 banning the export of unprocessed timber in a bid to develop a local sawmill industry. International importers […]